1. Objective

    The Pacific Fund aims to outperform (after deduction of costs) the MSCI AC Asia ex Japan Index, as stated in Sterling, by at least 2% per annum over rolling five-year periods. There is no guarantee that this objective will be achieved over any time period and actual investment returns may differ from this objective, particularly over shorter time periods. The manager believes this is an appropriate benchmark given the investment policy of the Fund and the approach taken by the manager when investing.

    The value of investments and any income from them may go down as well as up and you or your client may not get back the amount originally invested.
  2. Meet the Managers

    Ewan Markson-Brown
    Ewan Markson-Brown

    Ewan is an Investment Manager in the Emerging Markets Equity Team. He has co-managed the Pacific Fund since May 2014 and has managed Pacific Horizon Investment Trust PLC since March 2014. Prior to joining Baillie Gifford in 2013, Ewan was a Senior Vice President in Emerging Markets at PIMCO. He previously worked at Newton for five years, most recently as Lead Portfolio Manager on an Asia Pacific Equity Strategy, as well as segregated Asian income and Japanese Equities Strategies. Ewan also previously worked for Merrill Lynch Investment Managers as a Portfolio Manager in the Asia-Pacific region for six years. He graduated MA in Politics, Philosophy and Economics from the University of Oxford in 2000.

    Roderick Snell
    Roderick Snell

    Roderick joined Baillie Gifford in 2006 and is an Investment Manager in the Emerging Markets Equity Team. He previously worked in the UK and European Equity Teams and has managed the Baillie Gifford Pacific Fund since 2010. Roderick graduated BSc (Hons) in Medical Biology from the University of Edinburgh in 2006.

  3. Actual investors think in decades.

    Not quarters.
    Find out more
  4. Key Information

    Launch Date 17 March 1989
    Benchmark MSCI AC Asia ex Japan Index + 2%
    The Investment Association Sector Asia Pacific Excluding Japan
    XD Date Last day of April each year
    Distribution Last day of June each year
    Pricing Valuation point 10am daily, swinging single price
    Active Share 73%**
    Rayner Spencer Mills Research Rated Fund* Rayner Spencer Mills Rated Fund

    Please bear in mind that past performance is not a guide to future performance.

    The value of your investment may go down as well as up, and you may not get back the amount invested.

    *This rating is designed for use by professional advisers and intermediaries as part of their advice process. This rating is not a recommendation to buy. If you need further information or are in doubt then you should consult a professional adviser.

    **Relative to MSCI AC Asia ex Japan Index. Source: Baillie Gifford & Co, MSCI.

  5. quote-icon
    Asia is facing a period of change. We look to embrace the opportunities afforded by this change, by investing in companies disrupting the existing order.
  6. Investment Choice and Charges

    Share Class ISIN Number SEDOL Number Min. Investment Min. Top Up Ongoing Charges* Initial Charge
    B Inc GB0006063340 0606334 £1,000 no minimum 0.73% 0%
    B Acc GB0006063233 0606323 £1,000 no minimum 0.72% 0%

    * Annual figures as at 31/10/2019

    A further explanation of all the charges and costs relating to this Fund can be found in the Enhanced Disclosure of Fund Charges and Costs document.